Is China Jo-Jo Drugstores Holdings Inc (CJJD) a Stock to Watch After Gaining 58.48% This Week?

Overall market sentiment has been high on China Jo-Jo Drugstores Holdings Inc (CJJD) stock lately. CJJD receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

China Jo-Jo Drugstores Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CJJD!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CJJD Stock Today?

China Jo-Jo Drugstores Holdings Inc (CJJD) stock has fallen -11.81% while the S&P 500 has risen 0.15% as of 10:29 AM on Tuesday, Feb 14. CJJD is down -$0.84 from the previous closing price of $7.10 on volume of 353,577 shares. Over the past year the S&P 500 has fallen -5.87% while CJJD has risen 35.50%. CJJD lost -$0.97 per share in the over the last 12 months.

More About China Jo-Jo Drugstores Holdings Inc

China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment. Click Here to get the full Stock Report for China Jo-Jo Drugstores Holdings Inc stock.